Built in 2015, 117 Units on 5 Floors, 1 - 2BR, Pets: OK (verify).
Amenities include Heated Pool, 2 BBQ stations, Picnic Area & Resident Manager.
There are 17 different floor plans!
Good to Know About Cove Waikiki
The Building 3 structures, which are all connected: A Structure: Units on 2nd - 5th floor (parking stalls on 1st level), B Structure: Units on 3rd - 5th floor (parking on 1st & 2nd floor), C Structure: Units on 3rd - 5th floor (parking on 1st & 2nd floor).
Elevators: 3 elevators total. 2 elevators by the main entrance (convenient location for B & C structures) and 1 elevator close to the pool area (convenient for A & B structures). Parking: 1BR units have 1 stall and 2BR units have either 1 or 2 stalls. All 3 structures have a 1st floor gated entry to parking and the B structure has a ramp up to the 2nd floor parking, which runs across B and C structure. No AC in elevators or other common areas (helps keep costs down and maintenance fees low). Secured bicycle and surfboard storage.
The Cove Waikiki Condos Ceiling Height: 2nd floor = 9ft; 3rd & 4th floor = 8ft; 5th floor = 10ft. Units have carpet in bedrooms and either carpet or wood flooring in living / dining area (unless owners have upgraded further after completion). Storage: Some units come with storage (most don't). Size: 1BR = 561sqf to 704sqf (a few 1BR has a den). 2BR = 787sqf to 925 sqf. Window AC units in bedrooms and living room.
About the Area Kaioo Drive is a quiet street in the western part of Waikiki without much traffic, yet close to beaches, restaurants etc. A great location for those who want access to Waikiki's excitment, but prefer a quiet place for their home.
Selling points: Newer construction, efficient floor plan and very reasonable maintenance fees - hard to find in Waikiki. Drawback: No great views.
The price range of condos for sale in Cove Waikiki is $45K to $695K with a median price of $657K and median interior of 831sf.
The median price of condos sold in Cove Waikiki year-to-date (Jan - Mar 26, 2017) is $650K. In previous years it was $610K (2016), $607K (2015).
3 condos have sold in Cove Waikiki year-to-date (Jan - Mar 26, 2017). In previous years, the total number of condos sold were 9 (2016), 4 (2015).
On average Cove Waikiki condos were on the market for 91 days before they were sold (Jan - Mar 26, 2017). In previous years it was 54 days (2016), 89 days (2015).
The average days on market for Cove Waikiki condos before sold was 90 days February 2017 compared to 49 days February 2016.
The ratio of Cove Waikiki condos sales price vs list price was 97.4% February 2017 compared to 101.1% February 2016.
1 Cove Waikiki condo was sold February 2017 compared to 2 condos sold February 2016.
The total dollar volume of condos currently for sale in Cove Waikiki is $2.05M and the sold dollar volume year-to-date (Jan - Mar 26, 2017) is $1.8M. In previous years sold dollar volume was $5.05M (2016), $2.38M (2015).
The most recent sale in Cove Waikiki was a condo located at # , sold for $470K on Mar 16, 2017. It had 561sf of interior. 9 other recent sales include: #C506 (833sf) sold for $680K on 2/16/2017. #A409 (833sf) sold for $650K on 1/27/2017. #C309 (820sf) sold for $625K on 10/14/2016. #C505 (561sf) sold for $489K on 9/7/2016. #B314 (683sf) sold for $485K on 8/25/2016. #C306 (833sf) sold for $620K on 8/17/2016. #C402 (854sf) sold for $640K on 5/11/2016. #C408 (925sf) sold for $625K on 4/19/2016. #A212 (799sf) sold for $538K on 3/29/2016.
In Cove Waikiki there is currently 4 fee simple units for sale.
There are 1 studio floor plan and 3 x 2 bedroom floor plans.